DIP Commitment Letter definition

DIP Commitment Letter means the commitment letter setting forth the terms and conditions of the DIP Facility.

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

DIP Commitment Letter means the debtor-in-possession financing commitment letter to be executed among HBK Master Fund L.P., Barclays Bank PLC, Tricap Partners II L.P., the Company and such other parties as may become parties thereto in accordance with the terms thereof, in connection with a proposed secured super-priority debtor-in-possession multiple draw term loan facility to fund the continued operation of the Company’s and its subsidiaries’ business as debtors under any CCAA and related proceedings under the U.S. Bankruptcy Code.

DIP Commitment Letter means that certain Commitment Letter, dated May 13, 2020, by the DIP Lenders, Hornbeck and Hornbeck Offshore Services, LLC.

Examples of DIP Commitment Letter in a sentence

This DIP Commitment Letter may be executed in any number of counterparts, each of which, when so executed, shall be deemed to be an original and all of which, taken together, shall constitute one and the same DIP Commitment Letter.
Delivery of an executed counterpart of a signature page to this DIP Commitment Letter by facsimile or electronic transmission (e.g., “pdf”) shall be as effective as delivery of a manually executed counterpart of this DIP Commitment Letter.
On the Closing Date (as defined below), the lenders under the DIP Facility (each a “DIP Lender”, and, collectively, the “DIP Lenders”) shall be the DIP Commitment Parties (and/or one or more of their respective designated affiliates, and/or related or managed funds or accounts in accordance with the DIP Commitment Letter).
This DIP Commitment Letter shall become effective with respect to the DIP Commitment Parties agreements herein upon delivery of this DIP Commitment Letter to the Debtors, duly executed by the DIP Commitment Parties.
Please indicate your acceptance of the provisions hereof by signing the enclosed copy of this DIP Commitment Letter and returning the same to the DIP Commitment Parties.

More Definitions of DIP Commitment Letter

DIP Commitment Letter means the commitment letter (including the exhibits and annexes attached thereto), dated February 1, 2011, between Investor and the Company.

DIP Commitment Letter means the commitment letter attached as Exhibit C hereto (including the DIP Term Sheet attached as an exhibit thereto) with respect to the DIP Facility.

DIP Commitment Letter means the letter dated October 1, 2020, setting out the terms and conditions of a credit facility as between Financing Inc., as borrower, Capital Inc., as guarantor, and the Interim Lender, and approved by the Court under the ARIO and as amended from time to time.

DIP Commitment Letter means the letter between IES and BofA setting forth the general terms and conditions of the DIP Facility.

DIP Commitment Letter means the commitment letter attached as Exhibit D hereto (including the DIP Term Sheet attached as an exhibit thereto) with respect to the DIP Facility;

DIP Commitment Letter means that certain Debtor-in-Possession Facility Commitment Letter, dated as of October 14, 2025, by and among the Borrower and each Person party thereto as a “Backstop Party”.

DIP Commitment Letter means one or more commitment letters, each as may be amended, supplemented, or otherwise modified from to time in accordance with each of its terms, entered into between the Debtors and the DIP ABL Lenders and DIP Term Loan Lenders, pursuant to which the DIP ABL Lenders commit to fund the DIP ABL Facility and the DIP Term Loan Lenders commit to fund the DIP Term Loan Facility, as applicable.